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To: Jim Bishop who wrote (21328)1/21/2000 2:40:00 PM
From: SSP  Respond to of 150070
 
BGOC Expands International Wireless Operations Through Global Access Agreement

CISCO, Texas, Jan. 21 /PRNewswire/ -- Black Giant Oil Company
(OTC Bulletin Board: BGOC), has entered into an agreement with Global Access
New Millennium, Inc., to convey to BGOC a 1/3 interest of a U.S. based,
International Telecommunications Company, currently building and managing
Earth Stations for Foreign Governments and Oil Cartels.
BGOC has been notified that Global Access has successfully negotiated a
best efforts commitment to raise $25,000,000 under a Private Placement. Under
the terms of the agreement with Global Access, BroadBand Wireless
Communications Corporation of Oklahoma City, will contribute stock of BGOC
equal to $2,500,000.00 and will underwrite the legal and accounting expenses
of the Private Placement. In consideration of these contributions, upon
successful completion of the Private Placement, Global Access will immediately
move to the execution of its current agreements to purchase the majority
shares of Tryco Inc. at which time conveyance of the one-third interest to
BGOC will be effected.
Tryco Inc. is a privately held corporation headquartered in McLean,
Virginia, operating Earth Stations in the United States and Afghanistan. The
company is currently constructing two Earth Stations in Saudi Arabia with
existing agreements to construct five additional Earth Stations for their
client, ARAMCO. Tryco Inc., has recently complete the contract negotiations
authorizing Tryco Inc. to construct and operate more than 200 Earth Stations
in the country of Afghanistan. Tryco has obtained the rights to install and
operate Wireless phone and Internet antennas, transmitters, servers and
telecommunication systems in more than 2,800 church steeples throughout cities
in Europe.
BGOC has recently shifted its focus from energy-related industries to the
Wireless Internet and Telecommunications businesses, and remains a participant
in a two year contract originating and terminating minutes for Long Distance
customers both in the United States and Mexico. Previous contracts which were
executed by and between BGOC and Global Access (BWI) LTD. have been assigned
to Global Access New Millenium to be in compliance with the requirements of
the above mentioned Private Placement.
BGOC recently purchased forty percent (40%) of the retail operations of
GetMore Communications LLC., of Oklahoma City, which owns and operates ten
(10) stores currently throughout cities in Oklahoma and Texas. Up to eighteen
(18) additional retail stores are planned for opening during the calendar year
2000. In addition, through existing contracts with GetMore TelCom LLC. BGOC
will own up to fifty percent of the High Speed Wireless Internet Networks
currently being capitalized in cities in Oklahoma, Texas, New Mexico, Iowa and
Colorado.
As BGOC continues to change the focus of its operations, management
confirms its previously announced intention to change the corporate name to
BroadBand Wireless Communications Corporation at the next shareholder meeting.
This News Release includes forward-looking statements that involved risks
and uncertainties. The forward-looking statements in this release are made
pursuant to the safe harbor provisions of the Private Securities Litigation
Reformed Act of 1995. Actual results may differ materially, due to a variety
of factors including, without limitation, the Company's ability to produce and
market products and/or services and other risks detailed from to time to time
in the Company's reports filed with the Securities Exchange Commission.
For additional information, contact Ivan Webb at 254 442 3968 or fax 254
442 3843.

SOURCE Black Giant Oil Company
-0- 01/21/2000
/CONTACT: Ivan Webb of Black Giant Oil Company, 254-442-3968, or fax,
254-442-3843/
(BGOC)

CO: Black Giant Oil Company; Global Access New Millennium, Inc.; BroadBand
Wireless Communications Corporation; Tryco Inc.
ST: Texas, Oklahoma, Virginia
IN: TLS



To: Jim Bishop who wrote (21328)1/21/2000 2:53:00 PM
From: J. Nelson  Respond to of 150070
 
Anyone buying PCBM It would seem like some group is buying up from the floor. Moving on volume over the past two three days... I'm buying a few zousand just in case... Could be news from looking at the bounce it's has..

Anyone have a idea why it's moving please post if so...

Regards,
Jim...

P.S. You do have some great stocks moving today Jim. Keep em flowing from your desk... How are you doing with two keyboard? grow the needed hand yet?? LOL... :~}



To: Jim Bishop who wrote (21328)1/21/2000 3:04:00 PM
From: Tom Allinder  Read Replies (1) | Respond to of 150070
 
SITK was a no-brainer from $4... :) (EOM)

Tom